Post Profile

How startup founders can avoid excessive debt

Cold morning light showers your back as you contemplate whether to file for bankruptcy or to continue believing in your startup’s mission. As your mind wanders, you think back to when you first set out to take on the market, what went so wrong, and what you could have done differently. The risk of going belly-up should strike fear into any startup founder as the Small Business Administration estimates that: “About two-thirds of businesses with employees survive at least 2 years and about half survive at least 5 years.
read more


Related Posts

American Airlines’s Bankruptcy Filings

Business & Finance : Deal Journal -

American Airlines?s parent company, AMR Corp., filed for Chapter 11 bankruptcy protection this morning in effort to reduce its labor cost and debt burden. Here?s a link to the affidavit and petition it filed in bankruptcy court toda...

LightSquared goes dark, files for bankruptcy

Technology : Venture Beat

Troubled wireless startup LightSquared has filed for bankruptcy today, according to documents filed with the U.S. Bankruptcy Court in Manhattan. LightSquared listed debt and assets of over $1 billion in the documents. The company fi...

Bankruptcy Blunders: Top Reasons Your Bankruptcy Filing May Be Rejected

Business & Finance / Personal Finance : Savings Experiment

Whether you've lost your job, are carrying an excessive amount of credit card debt, or have big medical bills and are dealing with mounting debt, you may have considered filing for bankruptcy to get a fresh start with your finances....

Liz Weston: Debt settlement a bad alternative to bankruptcy

Politics / US Politics : Washington Watch

Debt settlement isn't the Wild West industry it was a decade ago, when people routinely paid hefty upfront fees to companies that failed to deliver any relief. Thanks to increased … Click to Continue »

Lights out for LightSquared? Startup considers filing for bankruptcy

Technology : Venture Beat

After months of devastating setbacks, wireless network startup LightSquared is considering a decision to file for bankruptcy, according to comments made by founder and hedge fund manager Philip Falcone on Wednesday. Falcone, who’s H...


Copyright © 2016 Regator, LLC